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ReadySteadyPlug Secures $1.

Recently funded · $1.5M GrantUtilitiesAUView source

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The path to easier EV adoption in apartment buildings just got a $1.5M injection. ReadySteadyPlug, a company addressing the unique challenges of electric vehicle charging in strata-managed properties, has secured a grant of that amount from ARENA.

The funding backs ReadySteadyPlug's approach, which combines simple Level 1 trickle charging with advanced features like individual metering, billing, and load balancing. This aims to provide a practical, cost-effective, and scalable solution for residential complexes looking to integrate EV infrastructure.

Big news: ReadySteadyPlug has secured $1.51 million in funding from ARENA to roll out affordable EV charging across apartment buildings Australia-wide. For the 4.2 million Australians living in strata, access to home charging has always been the sticking point.

Too expensive. Too complicated. Too hard to get a strata committee across the line. Our Charging-as-a-Service model changes that. No switchboard upgrades. No large upfront cost for the Owners Corporation. Residents only pay for what they use. If your building has been waiting for a reason to move on EV charging, this is it. Full story in the comments.

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